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25 MAIN STREET E
Norwich Ontario N0J1P0 Canada

$2,000,000

Active Listing ID X10744430
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10,276 square feet
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Business

$2,000,000

Active Listing ID X10744430
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25 MAIN STREET E Looking for an investment with a return with a 7.5% cap rate? This property is operated as a retirement home with 20 beds, main floor kitchen plus an on-site residence for the owners, a car port , ample parking, and substantial upgrades over the past seven years, including a new elevator, fire suppression systems, windows, stand by generator, and much more. This is a building/land sale only. The tenant will sign a 5 year triple net lease with an extension option for a further 10 years. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Business
  • Features
  • Exterior Finish: Brick
Listing Changed: 1/14/2025 4:45:48 PM GMT
Source Updated Date: 1/22/2025 10:17:22 PM GMT

Courtesy of: Marius Kerkhoff, Broker, Re/Max a-b Realty Ltd Brokerage